An anonymous reader writes: Kim Dotcom has announced that he will launch "Mega," a secure, encrypted file-sharing site to replace his Megaupload.com, which was shut down last year by U.S. authorities.

"In the past, securely storing and transferring confidential information required the installation of dedicated software," Kim Dotcom's website states. "The new Mega encrypts and decrypts your data transparently in your browser, on the fly. You hold the keys to what you store in the cloud, not us."

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